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Construction Machinery ME – January 2019
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Lamprell to build first jack-up rigs in Saudi Arabia
LoI states that International Maritime Industries and Lamprell will build rigs collaboratively. Lamprell has announced that they have received the contract for...
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Dubai spending $2.5bn on infrastructure in 2019
PPP Law and the development of project financing through long term financing priortised. The Ruler of Dubai, His Highness Sheikh Mohammed bin...
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Banyan Tree Residences reports increased foreign interest
The apartments complex is scheduled to open in Q3 2019 and will have 235 houses. Sweid & Sweid, developers of the first...
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Careem Bus has launched in Egypt; Targets Pakistan, Saudi Arabia
40% of the Egyptian population is not being served by a proper transportation service . Careem says its new bus service will...
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Suhar Mall ready for January opening in Oman
$117 mall will join Sultanate’s booming retail sector within the month, says MAF. Husam Al Mandhari, senior mall manager, Oman, Shopping Malls...
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Pioneer Cement to use household waste to power production
Plant targeting full scale production by the beginning of 2020. Pioneer Cement Industries has has signed an agreement with Emirates RDF that...
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Surge in Russian visitors as Abu Dhabi and Dubai witness rise in tourists
Tourists from China and Germany increased by 11.6% and 14.7% in first 8 months of 2018. The combined number of tourists visiting...
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Arabtec Construction wins $60mn Villanova contract
Works will commence immediately for a duration of 20 months. Arabtec Holding's has confirmed that its wholly-owned subsidiary Arabtec Construction has been...
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Adnoc awards key contract for chemical plant to Técnicas Reunidas
The LAB plant is the first of the derivative units to be advanced under Adnoc’s $45bn Ruwais downstream investment programme. Abu Dhabi...
